CW Enerji to build 420 MW module factory in Turkey
The Turkish company, which has invested an initial $26.6 million in the manufacturing facility, hopes to raise its annual capacity to 1 GW
Daqo gets government approval and cheaper power for poly production expansion
The Chinese giant wants to increase polysilicon production by 70,000 MT in two phases after construction work began at the start of this month
ADB finances its first utility-scale PV plant in $160 million deal
Asia’s largest IPP receives funds to develop renewable energy assets in line with Indonesia’s plans to increase renewable generation to 23% by 2025. The ADB’s support for PV at this scale is novel and could help overcome financing gaps that have hindered PV development in emerging nations
Tongwei, Longi sign 55,000 MT polysilicon supply agreement
China’s Tongwei and Longi Green Energy Technology have announced a new polysilicon supply deal under which Tongwei will sell 55,000 metric tons of polysilicon to Longi through the end of 2020
PV leading the charge to low-emission future says IEA
With 34 of the 38 key technologies needed to hit the Paris Agreement’s best-case scenario falling short, PV and electric vehicles are keeping hopes alive
EBRD arranges financing for 50 MW project in Kazakhstan
The European Bank for Reconstruction and Development (EBRD) has announced it will work alongside the Clean Technology Fund and Asian Development Bank to provide a loan for the construction of a 50 MW solar power plant in Kazakhstan’s central Baikonur region.
Are the big Chinese powerhouses coming to America?
In the face of actual and threatened tariffs in the US and India, the world’s biggest solar manufacturers may have to set up shop in the protectionist nations in question ahead of a predicted cooling in their home market.
BNEF: Electric vehicle sales expanding rapidly, e-buses to dominate by 2030
Bloomberg New Energy Finance says EVs will make up 44% of all new vehicle sales in Europe by 2030, 41% in China, 34% in the US and 17% in Japan. India trails with only 7% forecast. Buses, globally, will go electric at great pace.
The unstoppable tide of solar illustrated by the rise of floating projects
Price deflation and technological innovation are helping solar transform the global electricity sector. A new report by IEEFA highlights the latest solar milestones around the world and charts important trends including the rise of floating solar and the corporate PPAs helping the tech giants ‘green’ their energy-hungry data centres.
India may miss solar PV target, says CEO survey
The country will achieve solar PV capacity of 50 to 75 GW by 2022 – a little over 60% of the 100 GW target. Total rooftop capacity will be less than 10 GW.
